National Wealth Management Group LLC Purchases New Shares in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

National Wealth Management Group LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 4,368 shares of the exchange traded fund’s stock, valued at approximately $242,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Geneos Wealth Management Inc. boosted its holdings in Schwab Fundamental U.S. Small Company Index ETF by 1,341.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 879 shares of the exchange traded fund’s stock valued at $49,000 after acquiring an additional 818 shares during the last quarter. GoalVest Advisory LLC acquired a new stake in Schwab Fundamental U.S. Small Company Index ETF during the 4th quarter worth $53,000. AlphaCore Capital LLC lifted its holdings in Schwab Fundamental U.S. Small Company Index ETF by 621.6% during the third quarter. AlphaCore Capital LLC now owns 1,739 shares of the exchange traded fund’s stock worth $84,000 after acquiring an additional 1,498 shares in the last quarter. Larson Financial Group LLC increased its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 519.0% in the third quarter. Larson Financial Group LLC now owns 1,820 shares of the exchange traded fund’s stock worth $88,000 after acquiring an additional 1,526 shares in the last quarter. Finally, Sheets Smith Wealth Management acquired a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF during the third quarter worth about $95,000.

Schwab Fundamental U.S. Small Company Index ETF Stock Performance

NYSEARCA FNDA traded up $0.94 during trading hours on Tuesday, reaching $54.71. 201,164 shares of the company’s stock were exchanged, compared to its average volume of 342,594. The company’s 50-day moving average is $55.09 and its two-hundred day moving average is $52.55. Schwab Fundamental U.S. Small Company Index ETF has a one year low of $44.85 and a one year high of $57.30. The company has a market capitalization of $8.02 billion, a price-to-earnings ratio of 14.31 and a beta of 1.19.

About Schwab Fundamental U.S. Small Company Index ETF

The Schwab Fundamental U.S. Small Company Index ETF (FNDA) is an exchange-traded fund that is based on the Russell RAFI Small Company US index. The fund tracks a fundamentally selected and weighted Russell index of small firms based on adjusted sales, retained operation cash flow, and dividends plus buybacks.